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Stellantis has launched a new business unit named Mobilisights, focused on expanding its data as a service (DaaS) offerings. By 2030, Stellantis aims to have 34 million connected vehicles, significantly enhancing the data available for licensing to various sectors. Mobilisights will operate independently and is expected to contribute to an additional €20 billion in annual revenues through software-related services. The initiative is part of Stellantis’ Dare Forward 2030 strategy, emphasizing data governance and privacy.
Stellantis and Archer have expanded their partnership to manufacture Archer's Midnight eVTOL aircraft. Stellantis will offer advanced manufacturing technology, expertise, and an equity investment of up to $150 million for Archer over 2023-2024. This partnership aims to streamline costs, enabling Archer to avoid significant expenditures during production ramp-up, with plans to begin manufacturing in 2024. Stellantis intends to become Archer's exclusive contract manufacturer and acquire more shares in the company, solidifying its role as a cornerstone investor in the burgeoning urban air mobility sector.
Stellantis is entering exclusive negotiations to acquire a substantial stake in Symbio, a hydrogen mobility leader, reinforcing its position in zero-emission technologies. This move aligns with Stellantis' hydrogen strategy in Europe and the U.S., enhancing its product offerings beyond traditional electric vehicles. The acquisition complements Symbio's current expansion plans, including a target of producing 100,000 hydrogen systems annually by 2028. The transaction, subject to regulatory approvals, is expected to close in the first half of 2023.
Stellantis has finalized its acquisition of aiMotive, enhancing its STLA AutoDrive platform for autonomous driving technology. aiMotive will continue as a subsidiary, providing current technology solutions to third-party customers. The acquisition aims to bolster Stellantis' capabilities in artificial intelligence and autonomous driving, a key component of its Dare Forward 2030 strategy. Founder László Kishonti will remain as CEO, maintaining operational independence while benefiting from Stellantis' resources.
Stellantis N.V. has announced a significant increase in electric motor production at its Trémery site in France, targeting over 1 million units annually by 2024. This initiative is part of the company's strategy to achieve a 100% battery electric vehicle (BEV) sales mix in Europe by 2030. The all-new M3 electric motors will power several upcoming models, including the DS 3 E-TENSE and Peugeot e-208. Stellantis has invested €2 billion in its French facilities over the past four years and has committed to employee training to facilitate this transition.
Stellantis showcased its vision for sustainable mobility at CES 2023, emphasizing a commitment to achieve carbon net zero by 2038. CEO Carlos Tavares highlighted innovations in electric and software-driven vehicles during a keynote on January 5, 2023. Notable debuts included the Ram 1500 Revolution BEV and Peugeot Inception Concepts, demonstrating future customer-focused technology. Stellantis's presence at CES also featured its Jeep electrification initiative, Chrysler's battery electric vehicle plans, and the introduction of the FIAT Metaverse Store, aiming to enhance mobility experiences.
Stellantis has partnered with Qinomic to develop a retrofit solution converting internal combustion engine light commercial vehicles to electric drivetrains. This collaboration is part of Stellantis's Dare Forward 2030 strategic plan, which emphasizes decarbonization and sustainability. The initiative aims to extend vehicle life, meet the needs of low emissions zones, and reduce total cost of ownership for customers. The project suggests commercialization in France by 2024, following successful demos in 2023.
Stellantis CEO Carlos Tavares will deliver a keynote address at CES 2023 on January 5, unveiling the Ram 1500 Revolution Battery Electric Vehicle (BEV) Concept and the Peugeot Inception Concept. The Ram Revolution BEV Concept aims to redefine the pickup truck segment, featuring advanced technology and the STLA Frame architecture. The Peugeot Inception Concept focuses on enhancing the driving experience with next-generation cockpit platforms. Further details will be available on Stellantis' corporate website following the event.
Stellantis and Banco Santander (Brasil) S.A. have reached a significant agreement to reorganize their automotive financing partnership in Brazil, enhancing their financial services business. The contract includes the purchase by Banque PSA Finance S.A. of 50% of Banco PSA Finance Brasil and the acquisition by Stellantis Services Ltd. of 50% of PSA Corretora de Seguros e Services Ltd. Upon completion, both will become sole shareholders of their respective entities, aligning with Stellantis' strategic plan for value creation by 2030.
Stellantis has announced the acquisition of aiMotive, a leading AI and autonomous driving start-up, enhancing its STLA AutoDrive platform. This acquisition aims to accelerate Stellantis' mid-term development in autonomous technology. aiMotive will maintain its operations as a subsidiary, preserving its start-up culture, with founder László Kishonti continuing as CEO. The deal underscores Stellantis' commitment to advancing automated driving solutions and integrating cutting-edge AI technology into its offerings.
